Rochester and Genesee Valley Railroad Museum

Analysis

Rochester and Genesee Valley Railroad Museum is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in August 1977, 49 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rochester and Genesee Valley Railroad Museum reported income of $203k and spending of $197k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $203k (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rochester and Genesee Valley Railroad Museum sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Illinois Firefighter Memorial Foundation ($203k), Seacoast Community Chamber Orchestra ($203k) and Foundation Advancing Creation Truth ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 52% of the total. At year end it held assets of $546k against liabilities of $644, net assets of $545k.